Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.71% | +0.36 | 1.35% |
| Return on Equity (%) | ▲ | 21.55% | +3.68 | 17.87% |
| Net Interest Margin (%) | ▲ | 4.19% | +0.79 | 3.40% |
| Efficiency Ratio (%) | ▼ | 60.70% | +1.35 | 59.35% |
| Pre-Provision Profit ($M) | ▲ | $1 | +0.53 | $0 |
| Cost of Funds (%) | ▲ | 1.14% | -0.33 | 1.48% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $207 | +89.58 | $118 |
| Gross Loans ($M) | ▲ | $131 | +53.09 | $78 |
| Loan Growth YoY (%) | ▼ | 68.44% | -3.08 | 71.52% |
| Total Deposits ($M) | ▲ | $190 | +81.68 | $108 |
| Shareholders Equity ($M) | ▲ | $17 | +7.46 | $9 |
| Tang. Book Value ($M) | ▲ | $17 | +7.46 | $9 |
| TBV excl. AOCI ($M)** | ▲ | $20 | +8.66 | $11 |
| Loan / Deposit Ratio (%) | ▼ | 68.44% | -3.08 | 71.52% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.06% | +0.06 | 0.00% |
| Allowance / Loans (%) | — | 0.98% | -0.01% | 0.99% |
| Net Charge-Off Ratio (%) | ▼ | 0.10% | +0.10 | 0.00% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▼ | 13.41% | -0.52 | 13.93% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▂▃▄▅██ | Net Interest Margin (%) | 2.97% | 3.07% | 3.23% | 3.40% | 3.52% | 3.69% | 4.17% | 4.19% |
| ▁▁▄▅▆▅▆█ | Return on Assets (%) | 0.89% | 0.90% | 1.23% | 1.35% | 1.47% | 1.37% | 1.47% | 1.71% |
| ▇█▄▂▁▄▇▃ | Efficiency Ratio (%) | 65.6% | 67.8% | 61.8% | 59.4% | 57.6% | 62.6% | 65.9% | 60.7% |
| ▂▂▃█▂▁▁▁ | Cost of Funds (%) | 1.20% | 1.22% | 1.26% | 1.48% | 1.22% | 1.18% | 1.15% | 1.14% |
| ▁▁▁▁▁▁█▇ | NPA / Assets (%) | 0.00% | 0.00% | 0.00% | 0.00% | 0.01% | 0.00% | 0.08% | 0.06% |
| ▁▁▁▁▁▁█▇ | Net Charge-Off Ratio (%) | 0.00% | 0.00% | 0.00% | 0.00% | 0.01% | 0.00% | 0.13% | 0.10% |
| ▁▁▁▁▁▁██ | Tang. Book Value ($M) | $9 | $9 | $9 | $9 | $10 | $10 | $16 | $17 |
| ▁▁▁▁▁▂██ | Gross Loans ($M) | $73 | $73 | $75 | $78 | $78 | $83 | $132 | $131 |
| ▂▁▁▁▂▁██ | Total Deposits ($M) | $117 | $110 | $103 | $108 | $115 | $113 | $182 | $190 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 80% |
| C&I / Commercial | 10% |
| Agricultural | 6% |
| Consumer | 4% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 38% |
| Interest-Bearing (core) | 58% |
| Brokered / Other | 4% |